Enjoy Upto 50% OFF on Assignment Solutions!
Managing A Successful Business Project Case Study By Native Expert
Ph.D. Writers For Best Assistance
Plagiarism Free
No AI Generated Content
Click here to access top-notch assignment help provided by our native assignment help company.
Digital innovation in organizations helps to produce effective identification of business growth and different future prospects for business expansion. Implementation of innovative digital tools for different types of business activity which effectively identify requirements with possible outcomes. This is going to conduct a project management plan regarding the implementation of innovative digital tools in Forever Unique company to improve online and offline business activities is productive growth. Implementation of digital transformation in organizations involving different aspects of employee productivity and business opportunity enhancement. This organization operates a business in the fashion industry like a range of women's clothing online, from dresses to jackets. Implementation of innovative detail tools in operational activity would be going to involve business productivity and profitability with different aspect analysis. Conducting effective digital transformation in operational activities going to involve the productivity growth of employees which will be presented in this report.
The project aim has been conducted to identify different potential results of project management plans. The project plan regarding the implementation of d in digital tools in Forever Unique company would be going to present different aspects of the business activity of this organization. additional information regarding the importance of implementing digital tools in operational activities would be effectively working with better results presenting in project efficiency growth (Bala and Verma, 2018). The project aims to present productivity growth possibilities along with defining positive feedback in employee productivity growth. An organization operates their business activities through employees' productivity continuous communication activities by digital communication platform. Productivity growth in Forever Unique company would be possible by continuous communication and managerial activities between employees to be possible through digital tools implementation in organizational operations. Another prospect of this project plan's aim is to present possibilities of business growth and effective result orientation by the implementation of a digital communication system with customers. The milestone opposite plan would be implementation of digital tools to enhance business growth by possible profitability gain in operational activities.
The study's historical context serves as a gauge for the project's overall scope. The study's background can occasionally be used to describe the aspects that contribute to problem solving and constructive goals. The greatest way to comply with experiment strategy and improve the project's overall quality is through findings and analysis. The context of the research provides a comprehensive description of numerous project risks and challenges. The project background and the methodical approach to improve the project's future opportunity both describe the grounded theory and ethnography components of the project managers. The study's backdrop explains the research context, which clarifies the overarching general perspective of the particular endeavour. The study's background information offers the broad details regarding organization previous performance.
Descriptive design has been adapted by research to identify insights analysis of project management activities along with different drawbacks regarding informative analysis that would be presented by previous research topic evaluation. Correlation design approaches by research are going to present it for relative analysis of different variables that evaluate possibilities and because measurement required for Business growth. Approaching defective knowledge gains by research that would be identified in constant mitigation approach implementation in project management to gain financial advantage.
Research has applied primary data to pinpoint insights analysis of project management activities as well as several disadvantages to informative analysis that would be shown by reviewing prior research subject evaluation. Research-based quantitative data methodologies will also be presented for comparative analysis of many variables that assess opportunities and provide the measurement necessary for business expansion. Approaching faulty knowledge gains bi-research that would be identified in continuous abatement device or application in project management to earn financially.
Project management planning conducting with different activities and steps Starting project activities with effective goals and planning for project efficiency gains. In this report Project Planning regarding implementation of digital tools would be conducted through project initiation and conception identification information regarding digital tools implementation in Forever Unique company. Additional Project Planning conducting different types of implementation stage wood is going to deliver effective results for the continuation of digital tools used in organizational activities. Project execution is going to involve different aspects and possibilities of project competition regarding digital tools used in Forever Unique company (Pandey et al. 2020). Performance monitoring of project plans would be evaluated at activities and productivity growth in the organization after the implementation of digital tools in Forever Unique company. Additional information regarding project closure would be presented in different aspects of project implementation like efficiency rate, development identification and raised issues regarding information is going to use in further business activity to mitigate the uncertain crisis.
Project initiation and concept regarding implementation of digital tools in Forever Unique company has been contacted through implementation of AI based communication system along with cloud based management tools. Implementation of digital tools is going to enforce this business activity and productivity with effective growth in business operation (Himesh et al. 2018). Initiation of the project would be operated through identification of financial resource requirement and project activities implementation benefit in organizational growth that would be effective to identify return on Investment for this organization. Initiation also can be contacted through implementation of AI based systems involving growth of communication between employees to identify possible growth outcomes after installation of digital tools.
Project plan is going to involve different aspects and implementing AI based tools in Forever Unique company. Additional information regarding project plan would be conducted by budget and scope of project plan i.e., Implementation of digital tool financial resources to be considered in project plan activities to identify possibility of financial resource preparation. Deadlines regarding project plans will also be conducted in these activities that will present an effective time period for each operational activity of the Thai project plan. Different teams' roles in operational activities are also being conducted in the activities to part for me effective result in the implementation of digital tools (Purwanti, 2021). A communication plan would be presented to identify between teamwork to present an effective result in organizational productivity enhancement. Project milestones were also presented in the project plan to deliver the expected outcome of the implementation of digital tools.
Project execution would be presented through budget planning activities to identify different budgets of this project plan to identify actual financial resource requirements for project implementation. Additional resource planning would be effective to gain information regarding allocation of financial and non-financial resources for each operational activity. Project status report is going to present effective identification of project conditions under which requirement of different financial and non-financial resources to gain an advantage in project execution (Hashim, 2018). Implementation of digital tools in Forever Unique company would be effective to identify different prospects of budget gain information and knowledge regarding requirement of initial resources. Additional, non-financial resources like manpower would be identified and project implementation because of allocation of tasks in different teams would be effectively working on digital tool implementation.
Performance and monitoring and analysis of project plan would be conducted through project goals comparison with expected outcome of the project plan. The deliverable quality of project plan would be identified understanding different financial and nonfinancial benefits of Forever Unique company. Team performance in the project plan would be conducted to identify the performance of the project plan and monitor each activity to identify project errors (Herhausen et al. 2020). Implementation of mitigation Strategies for project performance would be involved in effective organizational performance development.
Project close activity would be going to present project success and closer would be going to present budget efficiency goals and productivity depending on organizational benefits. Complete process of project activities good going to deliver effective desert in operational growth of Organization in going to provide project close are as effective outcome. Is it closer to presenting effective result opposite planning that concludes with an effective goal opposite plan has been achieved and retrospect result for the organization. Considering Forever Unique company would be going to involve a project plan of the consequences of implementing digital tools would be impacted on organization for fertility and productivity.
Figure 1: Work breakdown structure
Figure 2: Gantt chart
Work breakdown structure has presented digital tool implementation activities for effective result achievement for Forever Unique company. According to brand chart analysis, presenting each operational activity of digital tools implementation would be conducted with an effective deadline that is going to deliver the whole project operation within the allocated time period.
Q1: What experience can be beneficial for digital transformation initiatives?
Q2: What expertise can be offered at the time of digital transformation?
Q3: What approach can be leading for digital transformation?
Q4: How can digital transformation initiatives be defined?
Q5: How to manage employee change by using AI tools?
Q6: What are the most successful tools to manage employees?
Q7: How will digital technology evolve over the next 10 years?
Q8: What is the most influential factor to implementing digital transformation?
Q9: Why do individual organizations need to implement digital transformation?
Q10: What does the digital transformation team need to succeed?
Q11: What is digital transformation and why does it matter?
Q12: How does digital technology impact the company?
In order to identify the research methods that are necessary for the individual organization, many professionals are using two main categories such as qualitative as well as quantitative data analysis research methods. Additionally, measuring numerical data of the organization is also mandatory and statistical analysis is always important to analyze the business situations to explore the crucial information related to the organization. Tesco Plc and Marks and Spencer’s are chosen companies and quantitative research methods are to make necessary connections by using numerical data (Martens et al. 2018). There are many types of research methods and participants make connections by using qualitative data collection methods which play a different role.
Multiple data collection methods are necessary to identify the current situation of both companies and observational study is always important for the business. The questionnaires as well as multiple surveys are necessary for the individual business organizations and large groups of individuals and are typically used to measure the quantitative data to measure research methods. The numerical data as well as questionnaires are necessary for the individual business organizations and also mandatory to include some major benefits of the organizations (Gemünden et al. 2018). The survey questionnaires are necessary for the business organizations and that are able to select multiple selections that can describe the minimum percentage of employees of the organization. A modified observational study is always important for the individual business organizations and that can identify how to resolve the necessary outcomes of business.
Digital transformation always important for the individual organizations and multiple aspects are identify from the numerous aspects of business and its business model always important to develop customers experience which is necessary for the individual. Digitalization has been radically changing existing organization and profitability of Tesco Plc gradually increased by 7.14% respectively in the financial year of 2020. The digital technologies are efficiently managing how to redefine their business model and digital technology is always necessary for the individual and that efficiently describes complete details related to the organization. Most of the business organizations are using technology and are able to manage organizational outcomes which is necessary for the business. In recent financial performance of Tesco Plc increased by 11% due to digital technology in FY 2021 and £51 billion as of 2018 (Tescoplc.com, 2022).
The financial performance includes cash flow, profitability, liquidity analysis and asset management which is necessary to identify individual business models to manage organizational benefits. In recent years net profit and earning are always important tools to measure current financial performance of the company and sometimes companies use double digit sales to increase its profitability along with the cash flow in business. Apart from that, liquidity analysis as well as cash management are always important for the business and recent financial performance and total sales also increased by 11% by using digital technology and the total profitability also increased in the financial year 2018 (Marksandspenser.com, 2022). In the financial year 2020/2021 companies’ total revenue increased by £1.3 billion compared to the prior financial year. The actual reason behind the profitability growth is using digital technology which is necessary to manage each financial resource related to the company.
A digital innovation is always important for the individual business organizations and that can identify how to resolve major difficulties. Financial management tools are always important for the business and that identify from the current financial transactions or activities. A cloud based workflow is always important for the individual and that is able to manage automation techniques but sometimes digital disruption directly affects organizational profitability (Cooper and Sommer, 2018). A stem line finance management is always crucial for the business and resolves organizational difficulties. The financial performance of marks and Spencer is more essential and that directly involves some crucial benefits in financial performance. The financial capability of the organization is always useful and that efficiently managing financial performance of marks and Spencer and positive assumptions are important to identify the basic difference between the financial performance and positive associations.
A common size statement always useful for the individual business organizations and that able to identify how to resolve complex situation of business. In order to, financial analysis of the business organization always important to identify current business performance and comparative financial statement always important for the individual business organization. Apart from that, digital disruption directly affects financial performance of Marks and Spencer’s and profitability reduced by 2.81% respectively in the financial year of 2020. In order to compare the actual profit of the organization it is always important to increase future benefits and compare the actuals which are necessary for the business (Keers and van Fenema, 2018). Additionally, maximizing the financial benefits of the organization is always important and that increases organizational profitability. Marks $spencer financial analysis shows that profitability increased due to digital innovation. The debt as well as equity position of the business always important and that can maximize the major benefits of business and financial performance increased by 2.81%.
Digital transformation is always crucial for and digital technology is always important and areas of business also mandatory to measure the efficiency level of business. In order to, improves the financial structures of business digital tools played different role which is listed below:
Collection of customer data is always important for the individual business organizations and incorporates real benefits to achieve the succession plan of the organization. Additionally, incorporating new data is always important within the organization and efficiently managing numerous difficulties related to the organization and eliminating them for business intelligence. Apart from that, gathering business intelligence is always important and being able to find out some potential solutions related to the business (Correani et al. 2020). Enhancing innovative opportunity data collection methods is crucial and that improves organizational functioning as well as business intelligence. Sometimes a vital approach can be used by the individual organization and that includes business perfection and achieving profitable outcomes.
‘Digital transformation’ consolidates stronger resource management and that suits businesses to increase major profitability. The average number of applications used by the individual business organizations and efficiently managing organizational resources in the business. Data driven techniques are always important for the business and effective business strategy is always important which is careful about the better understanding of customers (Bezdrob et al. 2020). Stronger resource management is always important and maximizes the major benefits of business. A stronger resource management always resolves numerous problems related to the organizations to emphasize social networks achieving profitable outcomes.
Digital transformation considers better customer satisfaction which is necessary for the business and also improves customer experience. The communication also needed for the digital transformation and that can be able to maximize the financial performance of business. Unlocking efficiencies as well as digital transformation are always important and that can identify some cultural benefits related to the organization (Grover et al. 2018). Managing the financial resources is always important and efficiently managing economic benefits.
A leading conversational marketing is always important for the individual business organizations and that efficiently manages interactive services related to the organizations. Individual audiences are trying to manage the effective business outcomes which are necessary for the organizations. Innovative digital tools are always important and good practices are always important for the individual business which is managing all the difficulties of the business (Wamba-Taguimdje et al. 2020). An interactive market conditions are always important and efficiently managing the major benefits to continuously improve business performance. Conversational marketing always increases organizational benefits and social media is important to managing all the financial resources of the organization.
Communication as well as effective time management skills are always important for the business to build effective relationships among the individual. Numerous audiences are trying to manage marketing campaigns frequently through using innovative digital tools to restructure the entire business process for achieving profitable outcomes. A conversational marketing is effectively managing all the difficulties which are necessary for the business (Amhag et al. 2019). The important dialogues as well as chatbots, always useful for managing organizational performance and marketing campaigns, are trying to make new connections among the individual people and improve social networks to increase major benefits of the organizations.
Finding and analysis activities of this report would be conducted through two organization financial report analyses that are going to present the effectiveness of digital tools implementation, organizational productivity and profitability. Contacting findings regarding financial and non-financial development by using digital tools implementation in organization activity would be contacted based on financial report analysis, where Tesco PLC and Mark and Spencer PLC financial aspect would be considered for findings of affectivity of digital tools implementation.
2022 |
2021 |
2020 |
2019 |
||||
Mean |
9303472.279 |
Mean |
9240693.376 |
Mean |
9605689.575 |
Mean |
9531019.811 |
Standard Error |
3599333.527 |
Standard Error |
3401112.086 |
Standard Error |
3824990.941 |
Standard Error |
3791174.427 |
Median |
1501000 |
Median |
1636200 |
Median |
1128683.5 |
Median |
1348500 |
Mode |
1481000 |
Mode |
6143000 |
Mode |
971000 |
Mode |
1322000 |
Standard Deviation |
19714361.65 |
Standard Deviation |
18628658.1 |
Standard Deviation |
20950338.2 |
Standard Deviation |
20765117.53 |
Sample Variance |
3.88656E+14 |
Sample Variance |
3.47027E+14 |
Sample Variance |
4.38917E+14 |
Sample Variance |
4.3119E+14 |
Kurtosis |
3.291275999 |
Kurtosis |
3.134826397 |
Kurtosis |
3.291553931 |
Kurtosis |
3.302717724 |
Skewness |
2.229629202 |
Skewness |
2.177000681 |
Skewness |
2.230974647 |
Skewness |
2.236488435 |
Range |
62048000 |
Range |
58610000 |
Range |
65586000 |
Range |
64272000 |
Minimum |
-665000 |
Minimum |
-723000 |
Minimum |
-826000 |
Minimum |
-361000 |
Maximum |
61383000 |
Maximum |
57887000 |
Maximum |
64760000 |
Maximum |
63911000 |
Sum |
279104168.4 |
Sum |
277220801.3 |
Sum |
288170687.3 |
Sum |
285930594.3 |
Count |
30 |
Count |
30 |
Count |
30 |
Count |
30 |
Confidence Level(95.0%) |
7361463.622 |
Confidence Level(95.0%) |
6956055.254 |
Confidence Level(95.0%) |
7822984.853 |
Confidence Level(95.0%) |
7753822.316 |
Table 1: Descriptive analysis of financial performance
Descriptive analysis of revenue and profitability of Tesco PLC has determined the implementation of digital tools for Organizational activities to work effectively and presenting excessive growth in covid-19 period. According to the financial report 2022 of Tesco PLC, the mean value of revenue is 9303472.279 that represents organizational profitability. This is positive compared to previous years. Previous financial year 2019 means has been identified 9240693.376, conducted popularity growth of this organization is going due to revenue volume enhancement. Additional prospect of descriptive analysis also presenting cost consumption of operational activities that present Standard deviation value 19714361.65. Progression of revenue and cost consumption relation Explore financial aspect of this organization going to present effective result in operational activities due to investment of digital tools for production activities.
Figure 3: Graphical presentation of Tesco PLC financial performance
Positive approach towards cost consumption in organization has delivered effective results on organizational profitability growth by conjunction operational expenses less in productivity. Maximum value of revenue was also conducted to analyze different facts about operational activities like productive expenditure which has been presented through 61383000. Additionally, mean value of revenue 9605689.575 has indicate operational activities of Tesco PLC provide effective result to growth of revenue by implementation of digital tools because of effective marketing and Advertising activities would be possible by this technology enhancement (Aguilar, 2020). Conference growth and profitability has become possible through productivity growth in Tesco PLC that conducted by in implementation of AI based communication system in operational activities. Additional cloud-based management systems also presented effective results in productivity that provide a resource management approach in this organization.
2022 |
2021 |
2020 |
2019 |
||||
Mean |
1678598.849 |
Mean |
1323135.477 |
Mean |
1498466.388 |
Mean |
1497090.292 |
Standard Error |
543221.0633 |
Standard Error |
486119.1679 |
Standard Error |
513449.7436 |
Standard Error |
521866.9592 |
Median |
306600 |
Median |
5600 |
Median |
234500 |
Median |
108100 |
Mode |
306600 |
Mode |
-198000 |
Mode |
23700 |
Mode |
33500 |
Standard Deviation |
3024526.878 |
Standard Deviation |
2706596.979 |
Standard Deviation |
2858767.184 |
Standard Deviation |
2905632.257 |
Sample Variance |
9.14776E+12 |
Sample Variance |
7.32567E+12 |
Sample Variance |
8.17255E+12 |
Sample Variance |
8.4427E+12 |
Kurtosis |
3.781963995 |
Kurtosis |
3.489560182 |
Kurtosis |
3.657052757 |
Kurtosis |
3.738791694 |
Skewness |
2.163882988 |
Skewness |
2.101719124 |
Skewness |
2.126136005 |
Skewness |
2.140253161 |
Range |
11071200 |
Range |
9460000 |
Range |
10517800 |
Range |
10819400 |
Minimum |
-186100 |
Minimum |
-209400 |
Minimum |
-335900 |
Minimum |
-442100 |
Maximum |
10885100 |
Maximum |
9250600 |
Maximum |
10181900 |
Maximum |
10377300 |
Sum |
52036564.31 |
Sum |
41017199.8 |
Sum |
46452458.02 |
Sum |
46409799.04 |
Count |
31 |
Count |
31 |
Count |
31 |
Count |
31 |
Confidence Level(95.0%) |
1109405.415 |
Confidence Level(95.0%) |
992787.7871 |
Confidence Level(95.0%) |
1048604.269 |
Confidence Level(95.0%) |
1065794.517 |
Table 2: Descriptive analysis of financial performance
Descriptive analysis of revenue and profitability has shown productivity of this organization has been developed by an effective growth in profitability and resource management. It has been presented through the mean value of financial year 2019 is 1497090.292. Additional information regarding profitability growth in this organization has been notified by analyzing operational costs that indicate a median value of 108100. This median value is also considered productivity growth in organization has been operated through efficiency gain in operational activities by development of digital tools (Hillmayr et al. 2020). Considering the different productivity of this organization has been operated with effective result in operational growth of mean value of 1498466.388 in FY 2020. Maximum productivity of this financial year has indicated maximum production level is negative around -335900 because of the pandemic situation organization expected to result in operational productivity (El Junusi, 2020). Next financial year 2021 implementation of digital tools for productivity growth organizations will be able to communicate with employees and customers effectively to enforce the growth of this organization's revenue.
Figure 4: Graphical presentation of M&S PLC financial performance
The productivity growth of this organization has been identified deficit in the financial year 2020 due to a situation where the implementation of digital tools in the financial year 2021 presented revenue growth of Mark and Spencer in a positive manner. Additional cost conjunction regarding the implementation of digital tools organization's net profitability fails to achieve the expected result, whereas in the next financial year, it would become positively developed and provide effective financial ability to this organization (?osi? et al. 2020). Mean value of financial year 2022 indicates positive growth in mean value 1678598.849, which is information of financial development in operational activities due to the use of AI based digital programming platforms.
Open |
High |
Low |
Low |
Adj Close |
Return |
||||
Mean |
187.5876 |
Mean |
203.8055 |
Mean |
171.7504 |
Mean |
179.9359 |
Mean |
-2.39295 |
Standard Error |
9.037826 |
Standard Error |
8.926284 |
Standard Error |
8.796425 |
Standard Error |
7.366812 |
Standard Error |
2.617855 |
Median |
180.5 |
Median |
195 |
Median |
166 |
Median |
177.573 |
Median |
-2.89557 |
Mode |
99 |
Mode |
275.6047 |
Mode |
92.18 |
Mode |
135.5 |
Mode |
#N/A |
Standard Deviation |
70.58768 |
Standard Deviation |
69.7165 |
Standard Deviation |
68.70228 |
Standard Deviation |
57.53664 |
Standard Deviation |
20.27782 |
Sample Variance |
4982.621 |
Sample Variance |
4860.391 |
Sample Variance |
4720.003 |
Sample Variance |
3310.465 |
Sample Variance |
411.1899 |
Kurtosis |
-0.76496 |
Kurtosis |
-0.45229 |
Kurtosis |
-0.84486 |
Kurtosis |
-1.33546 |
Kurtosis |
1.217382 |
Skewness |
-0.09014 |
Skewness |
-0.23748 |
Skewness |
0.045996 |
Skewness |
0.056034 |
Skewness |
0.016922 |
Range |
298.8645 |
Range |
312.1558 |
Range |
287.0922 |
Range |
181.9856 |
Range |
111.76 |
Minimum |
0 |
Minimum |
0 |
Minimum |
0 |
Minimum |
89.14 |
Minimum |
-59.16 |
Maximum |
298.8645 |
Maximum |
312.1558 |
Maximum |
287.0922 |
Maximum |
271.1255 |
Maximum |
52.59999 |
Sum |
11442.84 |
Sum |
12432.14 |
Sum |
10476.78 |
Sum |
10976.09 |
Sum |
-143.577 |
Count |
61 |
Count |
61 |
Count |
61 |
Count |
61 |
Count |
60 |
Confidence Level(95.0%) |
18.07834 |
Confidence Level(95.0%) |
17.85523 |
Confidence Level(95.0%) |
17.59547 |
Confidence Level(95.0%) |
14.73582 |
Confidence Level(95.0%) |
5.238316 |
Table 3: Descriptive analysis of stock price
Descriptive statistics of Mark and Spencer PLC historical financial performance in the capital market has described the movement of stock prices of this organization depending on performance and productivity (Krishen et al. 2021). Descriptive analysis open value of the stock price has presented 270.5238832 as mean value that indicates organization movement is positive to gain financial benefits for investors and also it indicates organization positive performance influence new investors to invest in this organization. Operational activities of this organization have been developed by progressive implementation of digital tools in conducting product growth in this organization with a highly efficient working culture environment (Bond et al. 2018). Adjusted close value equity price of Mark and Spencer indicate positive movement in month-wise performance that presents active growth of this organization vitamin effective to improve sperm fertility by implementing of iot digital tool. Implementation of AI based communication process in organization Mark and Spencer April to manage distribution products with effective result due to that reason organization operating expenses become less and produce positive change in profitability and going to enforce effective result for organizational benefits. Mark and Spencer have faced challenges in covid-19 period due to physical distribution customer participation has become less and ineffective to produce sufficient revenue, which has been developed by operational activities growth with AI-based marketing platform.
Open |
High |
Low |
Low |
Adj Close |
Return |
||||
Mean |
270.5239 |
Mean |
288.1695 |
Mean |
256.4652 |
Mean |
219.3593 |
Mean |
0.791988 |
Standard Error |
5.830087 |
Standard Error |
6.534766 |
Standard Error |
5.591658 |
Standard Error |
3.257966 |
Standard Error |
2.049472 |
Median |
278.6665 |
Median |
293.3598 |
Median |
262.1998 |
Median |
214.2986 |
Median |
1.560341 |
Mode |
265.8732 |
Mode |
306.6598 |
Mode |
#N/A |
Mode |
#N/A |
Mode |
#N/A |
Standard Deviation |
45.53443 |
Standard Deviation |
51.03816 |
Standard Deviation |
43.67225 |
Standard Deviation |
25.44553 |
Standard Deviation |
15.87514 |
Sample Variance |
2073.385 |
Sample Variance |
2604.894 |
Sample Variance |
1907.265 |
Sample Variance |
647.4748 |
Sample Variance |
252.0202 |
Kurtosis |
20.24401 |
Kurtosis |
16.81953 |
Kurtosis |
19.24864 |
Kurtosis |
0.075337 |
Kurtosis |
3.295824 |
Skewness |
-3.59972 |
Skewness |
-2.79158 |
Skewness |
-3.45785 |
Skewness |
0.524637 |
Skewness |
-0.83581 |
Range |
329.2065 |
Range |
421.3818 |
Range |
320.9732 |
Range |
111.624 |
Range |
98.05319 |
Minimum |
0 |
Minimum |
0 |
Minimum |
0 |
Minimum |
171.2063 |
Minimum |
-59.8973 |
Maximum |
329.2065 |
Maximum |
421.3818 |
Maximum |
320.9732 |
Maximum |
282.8304 |
Maximum |
38.1559 |
Sum |
16501.96 |
Sum |
17578.34 |
Sum |
15644.38 |
Sum |
13380.92 |
Sum |
47.51926 |
Count |
61 |
Count |
61 |
Count |
61 |
Count |
61 |
Count |
60 |
Confidence Level(95.0%) |
11.66191 |
Confidence Level(95.0%) |
13.07148 |
Confidence Level(95.0%) |
11.18498 |
Confidence Level(95.0%) |
6.516902 |
Confidence Level(95.0%) |
4.100984 |
Table 4: Descriptive analysis of stock price
Descriptive analysis identifies return generation through investment in Tesco PLC indicates the participation of investors to this organization. Considering the mean value of 270.5238832of monthly return, identify organizational productivity growth influences investors to participate in investments that increase Tesco PLC stock Price value with effective reason by identification of 288.1694523. Implementation of digital tools like cloud-based system organization able to conduct an effective business model for online marketing activities performing growth in the B2C business segment and provide effective revenue to the organization. Operational activities of this organization continuously progress with positive operating profit that indicate organization development in operational activities (Pandey and Pal, 2020). Performing the revenue growth in Tesco PLC also provides information regarding the importance of implementation of digital tools. Productivity enhancement through cloud-based systems able to provide continuous supply of products to consumers with effective results and also implement Cost Management activities by minimal use of financial and non-financial resources (Happ and Horváth, 2020). Implementation of digital tools in activity to safe activity in marketing approach along with less consumption of cost in productivity that deliver effective results for financial development.
Based on the above context, digital transformation always important for the organization and recommendations are implementing new applications to achieve profitable outcomes which is listed below:
Every business organization needs positive support for future development and cloud computing improves the robust infrastructure of business and expected growth can be increased by 2.18% respectively and increasing major demand. In order to, disruptive technology is always important for the individual business organizations and restructuring the efficient business process related to the organization.
Dealing with the efficient business performance is always important and separate marketing conditions are always important to create major benefits of the business. Apart from that, efficient blockchain technology is improved by blockchain technology which is more effective for Forever Unique companies. In order to improve supply chain management of the organization it is always important and blockchain technology achieves profitable outcomes and that helps to increase more future benefits.
Individual organizations need to improve communication to mitigate major conflict by using efficient communication and being able to find out some positive solutions during the complex situation. Apart from that, digital technology always helps to increase business profitability and marketing campaigns are efficiently managing transaction-related issues that are important to identify crucial benefits.
In order to, individual businesses need to follow virtual reality which is more effective for the business and the ecommerce industry is continuously increasing organizational benefits. Perhaps digital disruption directly affects Forever Unique company performance but sometimes online visitors are trying to manage the business performance by using online marketing and customers are satisfied through the efficient services.
Implementation of digital tools in operational activities improvised productivity continuous communication with employees and customers directly improves organization profitability. Financial aspects of implementing digital tools require financial resources at the initial stage which would be beneficiary for growth of profitability in next financial years. Approaching toward positive implementation of digital tools improves the productivity of organizations by learning matching technology. Utilizing a cloud-based system offers advantages to identify inventory level and requirement of products for marketing to evaluate actual requirement of production. Cost management policies of organisations dependent on productivity enhancement and output of the productivity is going to reduce the average cost of production. The use of digital tools has improved performance in both firms, as determined by descriptive analysis of financial reports. After the death of Savitri, businesses that operate through brick-and-mortar stores that connect with customers via social media platforms and grow organisations that suggest online business activity (B2C business model) could be developed by enhancing digital tools in organisational activities faced challenges. Cost Management policies of organizations depending on productivity enhancement and output of the productivity is going to reduce the average cost of production and Organization, where using a cloud base system provides benefits to identify inventory level and requirement of products for marketing to evaluate actual requirement of production. Descriptive analysis of financial reports evaluates performance growth in both organizations due to the implementation of digital tools. Post Savitri hot organization faced challenges to operate business activity through retail stores where AI-based digital platforms connect customers through social media platforms and growth of organizations that indicate online business activity (B2C business model) could be developed by enhancing digital tools in organizational activities.
Conclusion
Analyzing importance and efficiency in business operation helps to conclude that business organizations need to implement digital tools for productivity growth and utilization of financial resources for optimal levels that produce higher effective levels in financial conditions. In order to enhance a company's financial performance, the digital revolution also requires effective communication. Gaining efficiencies and undergoing a digital transformation are always crucial, and these processes might reveal certain organizational culture advantages. AI-based detail tools Organizational marketing activities that provide positive growth in revenue generation. Using digital platforms for operational activities organized and becoming able to connect with global customers by minimum financial resource use. When it comes to effectively managing the organization's many challenges and removing them for business intelligence, new data is always crucial. In addition, acquiring business intelligence and being able to identify some viable business-related solutions are always vital. Additionally, enhancing the organization's financial gains is always crucial because doing so raises profitability. Financial research Regarding fast financial activities of organization compared with revenue deliver digital innovation to enhanced profitability.
Reference list
Aguilar, S.J., 2020. Guidelines and tools for promoting digital equity. Information and Learning Sciences, 121(5/6), pp.285-299.
Amhag, L., Hellström, L. and Stigmar, M., 2019. Teacher educators' use of digital tools and needs for digital competence in higher education. Journal of Digital Learning in Teacher Education, 35(4), pp.203-220.
Bala, M. and Verma, D., 2018. A critical review of digital marketing. M. Bala, D. Verma (2018). A Critical Review of Digital Marketing. International Journal of Management, IT & Engineering, 8(10), pp.321-339.
Bezdrob, M., Brki?, S. and Gram, M., 2020. The pivotal factors of IT projects' success–Insights for the case of organizations from the Federation of Bosnia and Herzegovina. International Journal of Information Systems and Project Management, 8(1), pp.23-41.
Bond, M., Marín, V.I., Dolch, C., Bedenlier, S. and Zawacki-Richter, O., 2018. Digital transformation in German higher education: student and teacher perceptions and usage of digital media. International Journal of Educational Technology in Higher Education, 15(1), pp.1-20.
Cooper, R.G. and Sommer, A.F., 2018. Agile–Stage-Gate for Manufacturers: Changing the Way New Products Are Developed Integrating Agile project management methods into a Stage-Gate system offers both opportunities and challenges. Research-Technology Management, 61(2), pp.17-26.
Correani, A., De Massis, A., Frattini, F., Petruzzelli, A.M. and Natalicchio, A., 2020. Implementing a digital strategy: Learning from the experience of three digital transformation projects. California Management Review, 62(4), pp.37-56.
?osi?, K., Popovi?, S., Šarlija, M. and Kesedi?, I., 2020. Impact of human disasters and COVID-19 pandemic on mental health: potential of digital psychiatry. Psychiatria Danubina, 32(1), pp.25-31.
El Junusi, R., 2020. Digital marketing during the pandemic period; A study of islamic perspective. Journal of Digital Marketing and Halal Industry, 2(1), pp.15-28.
Gemünden, H.G., Lehner, P. and Kock, A., 2018. The project-oriented organization and its contribution to innovation. International Journal of Project Management, 36(1), pp.147-160.
Grover, V., Chiang, R.H., Liang, T.P. and Zhang, D., 2018. Creating strategic business value from big data analytics: A research framework. Journal of management information systems, 35(2), pp.388-423.
Happ, E. and Horváth, Z.I., 2020. A study of digital marketing tools usage habits among Hungarian tourists. Geo Journal of Tourism and Geosites, 32(4), pp.1283-1289.
Hashim, H., 2018. Application of technology in the digital era education. International Journal of Research in Counseling and Education, 2(1), pp.1-5.
Herhausen, D., Mio?evi?, D., Morgan, R.E. and Kleijnen, M.H., 2020. The digital marketing capabilities gap. Industrial Marketing Management, 90, pp.276-290.
Hillmayr, D., Ziernwald, L., Reinhold, F., Hofer, S.I. and Reiss, K.M., 2020. The potential of digital tools to enhance mathematics and science learning in secondary schools: A context-specific meta-analysis. Computers & Education, 153, p.103897.
Himesh, S., Rao, E.P., Gouda, K.C., Ramesh, K.V., Rakesh, V., Mohapatra, G.N., Rao, B.K., Sahoo, S.K. and Ajilesh, P., 2018. Digital revolution and Big Data: a new revolution in agriculture. CABI Reviews, (2018), pp.1-7.
Keers, B.B. and van Fenema, P.C., 2018. Managing risks in public-private partnership formation projects. International Journal of Project Management, 36(6), pp.861-875.
Krishen, A.S., Dwivedi, Y.K., Bindu, N. and Kumar, K.S., 2021. A broad overview of interactive digital marketing: A bibliometric network analysis. Journal of Business Research, 131, pp.183-195.
Marksandspenser.com, 2022, Annual report. Available at: https://www.marksandspencer.com/ [Accessed on: 25th November, 2022]
Martens, C.D.P., Machado, F.J., Martens, M.L. and de Freitas, H.M.R., 2018. Linking entrepreneurial orientation to project success. International Journal of Project Management, 36(2), pp.255-266.
Pandey, N. and Pal, A., 2020. Impact of digital surge during Covid-19 pandemic: A viewpoint on research and practice. International journal of information management, 55, p.102171.
Pandey, N., Nayal, P. and Rathore, A.S., 2020. Digital marketing for B2B organizations: structured literature review and future research directions. Journal of Business & Industrial Marketing.
Purwanti, Y., 2021. The Influence Of Digital Marketing & Innovasion On The School Performance. Turkish Journal of Computer and Mathematics Education (TURCOMAT), 12(7), pp.118-127.
Tescoplc.com, 2022, About us. Available at: https://www.tescoplc.com/ [Accessed on: 25th November, 2022]
Go Through the Best and FREE Case Studies Written by Our Academic Experts!
Native Assignment Help. (2024). Retrieved from:
https://www.nativeassignmenthelp.co.uk/managing-a-successful-business-project-case-study-19620
Native Assignment Help, (2024),
https://www.nativeassignmenthelp.co.uk/managing-a-successful-business-project-case-study-19620
Native Assignment Help (2024) [Online]. Retrieved from:
https://www.nativeassignmenthelp.co.uk/managing-a-successful-business-project-case-study-19620
Native Assignment Help. (Native Assignment Help, 2024)
https://www.nativeassignmenthelp.co.uk/managing-a-successful-business-project-case-study-19620
Financial Performance Analysis of Lloyds Banking Group Plc and NatWest...View or download
Supply Chain Resilience and Sustainability: Unilever's Strategic Approaches and...View or download
Analysis Of Communication And Cross - Functional Team Work Theme In Business...View or download
Exploring the Lake District: Nature's Splendour in Northwest England Are you...View or download
Corporate Governance: A Diageo Plc Looking for top-notch assignment services...View or download
Unit 2 Marketing essential coca-cola case study Get free samples written by...View or download
Get your doubts & queries resolved anytime, anywhere.
Receive your order within the given deadline.
Get original assignments written from scratch.
Highly-qualified writers with unmatched writing skills.
We utilize cookies to customize your experience. By remaining on our website, you accept our use of cookies. View Detail
Hi! We're here to answer your questions! Send us message, and we'll reply via WhatsApp
Please enter a messagePleae enter your phone number and we'll contact you shortly via Whatsapp
We will contact with you as soon as possible on whatsapp.
Ph.D. Writers For Best Assistance
Plagiarism Free
No AI Generated Content
offer valid for limited time only*